4D Advisors LLC Invests $5.34 Million in Celsius Holdings Inc. $CELH

Key Points

• 4D Advisors LLC acquired a new position in Celsius Holdings Inc. during Q1, buying 150,000 shares valued at approximately $5.34 million, which now represents 4.2% of its holdings.
• Insiders William H. Milmoe and Deborah Desantis each sold 100,000 shares of Celsius for $4.75 million in total, indicating a modest 0.56% decline in their positions.
• Analysts remain optimistic about Celsius, with recent target price increases from several brokerages, including Truist Financial raising it from $55 to $65, amidst a consensus rating of "Moderate Buy."

4D Advisors LLC bought a new position in shares of Celsius Holdings Inc. (NASDAQ:CELH - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 150,000 shares of the company's stock, valued at approximately $5,343,000. Celsius accounts for 4.2% of 4D Advisors LLC's investment portfolio, making the stock its 7th biggest position. 4D Advisors LLC owned about 0.06% of Celsius at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Spire Wealth Management boosted its position in Celsius by 12.0% during the first quarter. Spire Wealth Management now owns 2,677 shares of the company's stock worth $95,000 after purchasing an additional 287 shares during the period. Wealthcare Advisory Partners LLC boosted its position in Celsius by 3.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 9,718 shares of the company's stock worth $346,000 after purchasing an additional 301 shares during the period. TD Private Client Wealth LLC lifted its holdings in shares of Celsius by 8.8% during the first quarter. TD Private Client Wealth LLC now owns 4,071 shares of the company's stock worth $145,000 after buying an additional 328 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Celsius by 19.7% during the first quarter. GAMMA Investing LLC now owns 2,052 shares of the company's stock worth $73,000 after buying an additional 338 shares during the last quarter. Finally, Moody National Bank Trust Division lifted its holdings in shares of Celsius by 1.3% during the first quarter. Moody National Bank Trust Division now owns 27,170 shares of the company's stock worth $968,000 after buying an additional 344 shares during the last quarter. Institutional investors own 60.95% of the company's stock.

Celsius Stock Performance

Shares of NASDAQ CELH traded down $2.39 during trading hours on Friday, reaching $58.37. The stock had a trading volume of 5,976,793 shares, compared to its average volume of 6,431,793. The business's fifty day moving average is $51.32 and its two-hundred day moving average is $41.03. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.11 and a quick ratio of 1.76. The company has a market cap of $15.06 billion, a price-to-earnings ratio of 157.76, a PEG ratio of 1.38 and a beta of 1.34. Celsius Holdings Inc. has a twelve month low of $21.10 and a twelve month high of $63.50.

Celsius (NASDAQ:CELH - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.23 by $0.24. The business had revenue of $739.30 million during the quarter, compared to analyst estimates of $632.13 million. Celsius had a return on equity of 36.88% and a net margin of 7.91%.Celsius's revenue was up 83.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 earnings per share. As a group, research analysts expect that Celsius Holdings Inc. will post 0.89 EPS for the current year.

Insider Activity

In other Celsius news, CFO Jarrod Langhans sold 5,000 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $60.00, for a total transaction of $300,000.00. Following the completion of the transaction, the chief financial officer directly owned 104,227 shares in the company, valued at $6,253,620. This represents a 4.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO John Fieldly sold 143,167 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $51.18, for a total value of $7,327,287.06. Following the transaction, the chief executive officer owned 895,410 shares of the company's stock, valued at $45,827,083.80. This represents a 13.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,123,641 shares of company stock valued at $52,998,580. 2.55% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Mizuho upped their price target on Celsius from $85.00 to $90.00 and gave the stock an "outperform" rating in a report on Tuesday. Truist Financial upped their price target on Celsius from $55.00 to $65.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Cowen reiterated a "buy" rating on shares of Celsius in a report on Tuesday. Stephens reiterated an "overweight" rating on shares of Celsius in a report on Monday, August 11th. Finally, Citigroup reiterated a "buy" rating on shares of Celsius in a report on Sunday, August 31st. Seventeen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Celsius presently has an average rating of "Moderate Buy" and a consensus target price of $59.89.

Celsius Profile

Celsius Holdings, Inc develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.